NOT LISTED FOR SALE

Estimated Value: $136,000 - $236,000

3 Beds
2 Baths
2,059 Sq Ft
$85/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $71,000 $34 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,242/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Laundry in Utility Room
  • Ceiling Fan
  • Fenced Yard
  • Forced Air Heating System
  • Level Lot

About This Home

As of June 2017

Great Opportunity here. Upstairs unit is a 1 bed, 1 bath & currently vacant. Main level unit is a 2 bed, 1 bath. ML tenant has been there over 5 years. Tenants pay gas & electric, owner pays water. Great monthly income of over $1200! Currently tenant paying weekly. Metal roof is approximately 5 years old. ML tenant owns fridge & stove. Owner owns UL stove & fridge. Backyard is within fencing & goes back to alley and is currently planted with garden areas. Weekday showings must be after 2 PM. Tax records show Year Built as 1900 but owner thinks it may not be that old (?). Unit sq footage is approximate.

Last Agent to Sell the Property

Beth Norman

RE/MAX Results-Goshen Listed on: 05/31/2017

RE/MAX Results-Goshen

Last Buyer's Agent

David Stump

Berkshire Hathaway HomeServices Goshen

Berkshire Hathaway HomeServices Goshen

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51 x 122
  • Fenced Yard
  • Partially Fenced Property
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Basement
  • Michigan Basement
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Private Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable, cooling, electric, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 20-11-10-356-004.000-015

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $739
  • Water Sewer Expense $1,087

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,573

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Age: 117
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: MERCERS O L 57 3/4X50FT 5 &64 1/3X50FT 4 (TIF 139)
  • Parcel Number ID: 20-11-10-356-004.000-015
  • Platted: Yes
  • Amenities: Ceiling Fan, Fenced Yard, Off Street Parking, Water Heater Electric
  • Cross Street: Madison
  • Inside City Limits: Yes
  • Location: City/Town/Suburb, Near College Campus
  • Sp Lp Percent: 101.57
  • Monthly Gross Income: 1213
  • Special Features: None

Interior Features

  • Total Sq Ft: 2941
  • Total Finished Sq Ft: 2059
  • Above Grade Finished Sq Ft: 2059
  • Below Grade Sq Ft: 882
  • Basement: Yes
  • Basement Foundation: Michigan Basement
  • Flooring: Carpet, Vinyl
  • Total Below Grade Sq Ft: 882
  • Number Of Ranges Ovens: 1

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Metal
  • Fence: Partial
  • Stories: 2

Garage/Parking

  • Driveway: Concrete
  • Number Of Parking Spaces: 3
  • Parking: Off Street, Paved, Private

Utilities

  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: NIPSCO
  • Gas Company: NIPSCO
  • Annual Insurance Expense: 739
  • Annual Water Sewer Expense: 1087
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of W D Hookups: 1
  • Number Water Meters: 1

Schools

  • School District: Goshen Community Schools
  • Elementary School: Chandler
  • Middle School: Goshen
  • High School: Goshen

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 51 x 122
  • Estimated Lot Sq Ft: 6098
  • Estimated Lot Size Acres: 0.14

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Cooling, Electric, Heating

Tax Info

  • Total Assessed Value: 74000
  • Annual Property Tax: 1573

Multi Family

  • Gross Monthly Rent: 1213
  • Number Of Refrigerators: 1
  • Number Of Units: 2
  • Num Of1 Bedrooms: 1
  • Num Of2 Bedrooms: 1
  • Num Of Units Rented: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Jun 30, 2017
Sold by
Detwiller James L and Detwiller Debra M
Bought by
Ten Sleep Llc
Seller's Agent
Beth Norman
RE/MAX Results-Goshen
Buyer's Agent
David Stump
Berkshire Hathaway HomeServices Goshen
List Price
$69,900
Sold Price
$71,000
Premium/Discount to List
$1,100
1.57%
Current Estimated Value
$175,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,736
Avg. Annual Appreciation
10.13%
Original Mortgage
$69,658
Outstanding Balance
$14,861
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$141,426

Purchase Details

Closed on
Aug 30, 2004
Sold by
Detwiler James L
Bought by
Detwiler James L and Detwiler Debra M
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ten Sleep Llc -- None Available
Detwiler James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ten Sleep Llc $69,658
Closed Ten Sleep Llc $69,658
Previous Owner White Joshua A $97,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $71,000 +1.6% $34 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $69,900 -- $34 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,430 $143,100 $19,600 $123,500
2022 $3,430 $137,200 $0 $137,200
2021 $2,857 $119,300 $19,600 $99,700
2020 $2,029 $75,100 $15,000 $60,100
2019 $1,867 $75,100 $15,000 $60,100
2018 $1,767 $75,000 $15,000 $60,000
2017 $1,592 $77,600 $15,000 $62,600
2016 $1,593 $75,300 $15,000 $60,300
2014 $1,466 $71,200 $15,000 $56,200
2013 $1,424 $71,200 $15,000 $56,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201724287

Indiana Regional MLS

APN: 20-11-10-356-004.000-015